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    Retail Space on Powell Boulevard Title is generated by Realmo AI

    7330-7332 SE Powell Blvd, Portland, OR

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    Retail property with warehouse and salon tenants, owner/operator opportunity.

    Type:RETAIL
    Property size:
    12,300 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $154/SF
    Added:
    Nov 8, 2023
    Days on Market:
    971
    Last Refresh:
    May 19 at 9:16 pm

    Property Features for 7330-7332 SE Powell Blvd

    General Information

    Standard status
    Active
    Size
    12,300 SF
    Lot size
    0.51 Acres
    Property subtype
    RETAIL

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    Don Hanna, Jr.

    Listing office Hanna Realty

    Listing date Nov 8, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Hanna Realty

    HighLights

    • Prime visibility retail location
    • 8200 sqft available for possible owner/operator
    • Leased warehouse space providing income
    • Leased end cap (salon) providing income
    • Two HVAC systems
    • One bathroom

    Overview

    This retail property features a prime visibility location. The property includes a warehouse and an end-cap salon, both of which are currently leased. Approximately 8,200 square feet of space is available, presenting a potential opportunity for an owner/operator. The property is equipped with two HVAC systems and one bathroom. The total property size is 12,300 square feet and is located on SE Powell Blvd in Portland, OR.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $221.4k $18.00
    − Vacancy −$16.6k −$1.35
    EGI $204.8k $16.65
    − OpEx −$61.4k −$5.00
    NOI $143.4k $11.66
    12,300 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.05M
    $1.79M – $2.39M (±1% cap)
    NOI $143,357 @ 7.0% cap · market cap 7.57%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.45M
    $3.02M – $4.03M (±1% cap)
    NOI $241,790 @ 7.0% cap · market cap 12.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Electrical Service (Bike/Boat/Book/etc) Store Tech Support Center Veterinary Clinic Clothing & Fashion Store Carpet & Flooring Store Storage Facility (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.587
    Latitude
    45.4972

    FAQs

    What type of property is this?
    Retail space - Retail property with warehouse and salon tenants, owner/operator opportunity.
    Where is this retail space located?
    The property is located at 7330-7332 SE Powell Blvd Portland, OR.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: Prime visibility retail location; 8200 sqft available for possible owner/operator; Leased warehouse space providing income
    (503) 774-8893 Call to check price and availability
    More about this property
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